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Smishing

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Attack Types

What Is Smishing?

Smishing, short for “SMS phishing,” is a cyber attack using text messages to deceive recipients into divulging sensitive information or clicking malicious links. Like phishing emails, smishing tricks users by posing as legitimate entities, such as banks or well known brands. Attackers exploit the trust and urgency often associated with SMS, leading victims to react without thorough scrutiny.

This method is popular due to the growing reliance on mobile devices for communication and the simplicity of SMS. Unlike email, users tend to perceive SMS as more direct and personal, making them less skeptical and more prone to falling for smishing scams. The ease of creating and sending deceptive messages further propels the rise of this threat.

This is part of a series of articles about cyber attack

How Smishing Works

Smishing attacks typically begin with an unsolicited SMS containing a malicious link or urgent message. Attackers craft these messages to mimic legitimate communication from trusted entities, such as banks, government agencies, or well-known companies. The messages often convey a sense of urgency, warning the recipient of suspicious account activity, a missed payment, or an undelivered package. This pressure encourages the target to act quickly without verifying the source.

When the recipient clicks the link in the message, they are directed to a fake website that looks like the legitimate site the attacker is impersonating. On this site, victims are asked to enter personal information, such as login credentials, credit card numbers, or social security numbers. Alternatively, the link may download malware to the victim’s device, enabling attackers to steal sensitive data or gain unauthorized access.

In some cases, smishing doesn’t rely on a link. Instead, the SMS may contain a phone number, urging the recipient to call under the pretense of resolving an urgent issue. The phone number connects the victim to an attacker, who poses as a representative from the impersonated organization and attempts to extract personal information through conversation.

Common Types of Smishing Attacks

Impersonation of Financial Institutions

Cybercriminals often impersonate banks and financial institutions through smishing, leveraging the importance people place on their financial assets. Victims might receive a text purporting to be from their bank, warning of suspicious activity or asking them to confirm personal details for security purposes. This urgency drives users to act quickly, often without verifying the request’s legitimacy.

Such messages typically include a link redirecting recipients to a fake website mimicking the bank’s official site. Here, users enter their credentials, unknowingly providing the attacker access to their financial accounts. This form of attack exploits the trust and perceived authority of financial institutions.

Customer Support Scams

Another prevalent form of smishing involves posing as customer support from popular companies. Cybercriminals send messages claiming there’s an issue with a recent purchase or account, prompting the recipient to resolve it by contacting a fake support number. This scam often includes a link for immediate action, designed to harvest personal or payment information.

The attackers exploit the recipient’s potential concern over account or purchase-related issues. By mimicking genuine customer service interactions, these smishing attempts manipulate users into lowering their defenses, leading to data theft or unauthorized transactions.

Government Agency Impersonation

Smishing attacks also frequently masquerade as government agencies, capitalizing on the authority and urgency such entities command. Messages might claim to be from agencies like the IRS, demanding immediate action on delinquent taxes, or regulatory compliance, with threats of severe penalties.

Attackers exploit people’s fear of governmental repercussions to prompt quick compliance. Recipients, fearing legal troubles, are often instructed to click links or call numbers, where they’re tricked into divulging personal information.

Package Delivery Scams

Package delivery scams exploit the rise in online shopping by sending texts about undelivered packages or issues requiring action. These messages may appear from familiar courier companies, prompting users to click a link to update delivery preferences or confirm shipment details.

Once the link is clicked, victims may be redirected to phony sites demanding personal information or launching malware downloads. With online shopping entrenched in daily life, the familiarity and regularity of delivery updates make this a convincing and effective smishing ploy.

Fake Prize or Gift Messages

This technique entices recipients with too-good-to-be-true offers, often claiming they have won a significant prize or gift card. To claim the reward, users are directed to fill out a form or call a provided number, inevitably leading to data collection or subscription to costly services.

Attackers exploit the excitement and allure of unexpected benefits to coax users into revealing private information. Recognizing these tactics can help users avoid falling victim to such enticements.

Smishing vs. Phishing vs. Vishing

While smishing, phishing, and vishing are all forms of social engineering attacks designed to steal personal information, they differ primarily in the medium used:

  • Smishing focuses on text messages (SMS) as the attack vector. The immediacy of SMS and the lack of advanced spam filters for text messages make it a growing threat.
  • Phishing typically involves deceptive emails that contain malicious links or attachments, aiming to trick recipients into revealing sensitive information or downloading malware. Phishing emails often mimic official communications from trusted organizations.
  • Vishing uses phone calls to deceive victims. Attackers impersonate legitimate organizations, such as banks or tech support, and use social engineering tactics to convince victims to provide sensitive information or make payments over the phone.

Despite using different channels, all three attack types exploit the same psychological weaknesses, relying on urgency, trust, and fear to manipulate targets into making poor security decisions.

Impact of Smishing Attacks on Organizations

Smishing attacks can have severe consequences for organizations, both financially and reputationally:

  • Data leaks: When employees fall victim to smishing, attackers may gain access to sensitive corporate data, customer information, or internal systems.
  • Financial damage: Breaches can result in significant financial losses, particularly if attackers steal funds, initiate fraudulent transactions, or sell the stolen data on the black market.
  • Reputational damage: Customers may lose trust in an organization that fails to protect their data, leading to lost business and long-term brand damage.
  • Legal consequences: Organizations may face legal repercussions and fines if they are found to have inadequate security measures in place to prevent such breaches, especially in sectors with stringent regulatory requirements.
  • Operational disruptions: If attackers gain control of critical systems or deploy malware, it can result in system downtime, interrupting business operations and reducing productivity.
  • Recovery efforts: The costs associated with recovery efforts, including incident response, forensics, and system restoration, can further strain an organization’s resources.

How to Detect Smishing Attempts

Detecting smishing attempts requires a combination of vigilance and awareness of common red flags. Key indicators of smishing include:

  • Unexpected requests for personal information: Legitimate organizations rarely ask for sensitive information, such as passwords or credit card details, via SMS. Messages requesting such information should raise immediate suspicion.
  • Urgency or threatening language: Smishing messages often pressure recipients to act quickly by claiming there’s a critical issue, such as a security breach or missed payment, that needs immediate attention.
  • Unfamiliar links: Smishing messages frequently contain shortened or suspicious-looking links. Hovering over the link (on a device that allows it) or cross-checking it by manually typing the URL into a browser can help verify its legitimacy.
  • Misspellings and grammatical errors: While some smishing messages are highly sophisticated, many contain spelling or grammatical mistakes. This is often a telltale sign of a scam.
  • Unknown senders: Messages from unknown or unverified numbers, especially those posing as reputable organizations, should be treated with caution. Even if the message seems credible, it’s best to contact the organization directly through official channels to verify its authenticity.

Best Practices for Preventing Smishing Attacks

Here are a few best practices that can help your organization prevent the next smishing attack.

Educate Employees on Recognizing Smishing

Educating employees about smishing is crucial for organizational security. Training programs should focus on identifying red flags, such as urgency, suspicious links, and requests for personal information. Simulations and workshops can help reinforce awareness and encourage a skeptical approach to unsolicited messages.

Continuous education fosters a security-aware culture, where employees remain vigilant and informed about evolving threats. Sharing real examples and fostering open communication about potential threats aids in building resilience.

Implement Mobile Device Security Policies

Establishing mobile device security policies can significantly reduce smishing risks. Policies should outline guidelines for handling communications, verifying message authenticity, and reporting suspicious activity. Enforcing strong authentication measures, such as two-factor authentication, adds an additional layer of security against unauthorized access.

These policies should also address the use of personal devices for work purposes, ensuring that all devices accessing organizational resources adhere to security standards.

SMS Filtering and Monitoring

Deploying SMS filtering and monitoring tools significantly aids in combating smishing. These solutions use algorithms to identify and block suspicious messages based on content and sender information. Filtering techniques can prevent malicious messages from reaching users, providing an added security layer to manual detection efforts.

Proactive monitoring allows for real-time threat assessment and mitigation. By analyzing SMS patterns and identifying anomalies, organizations can swiftly respond to potential smishing attempts.

Use Mobile Threat Defense Solutions

Deploying mobile threat defense solutions is an effective way to protect against smishing attacks. These solutions detect and block malicious SMS, preventing users from accessing harmful links or content. Features like real-time monitoring and threat intelligence contribute to proactive defense, identifying threats before they reach end users.

Incorporating mobile threat defense into broader security frameworks reinforces organizational protection. Integration with existing IT systems facilitates oversight and management of mobile threats, enhancing the speed and efficiency of responses to smishing incidents.

Limit Sharing of Personal Information

Limiting personal information sharing is a key preventive measure against smishing. Organizations should educate employees on the risks of divulging personal details and encourage caution when sharing information online or through SMS. Understanding the value of personal data and the potential consequences of its exposure is crucial in reducing vulnerability.

Implementing strict data-sharing policies and reinforcing the importance of privacy helps safeguard against data exploitation. Encouraging the use of strong, unique passwords and secure communication channels can further protect personal information from falling into the wrong hands.

Regularly Update and Patch Devices

Maintaining updated and patched devices is vital in defending against smishing. Updates often include security patches that fix vulnerabilities, reducing the chances of exploitation by malicious actors. Encouraging regular updates ensures that devices remain protected against the latest threats, safeguarding personal and organizational data.

Automatic update configurations and reminders help in maintaining device integrity. Organizations should incorporate update policies into their security protocols, ensuring that all devices connected to their networks are consistently updated.

Smishing Protection with Imperva

Beyond social engineering prevention, Imperva provides comprehensive protection for applications, APIs, and microservices:

Web Application Firewall – Prevent attacks with world-class analysis of web traffic to your applications.

Runtime Application Self-Protection (RASP) – Real-time attack detection and prevention from your application runtime environment goes wherever your applications go. Stop external attacks and injections and reduce your vulnerability backlog.

API Security – Automated API protection ensures your API endpoints are protected as they are published, shielding your applications from exploitation.

Advanced Bot Protection – Prevent business logic attacks from all access points – websites, mobile apps and APIs. Gain seamless visibility and control over bot traffic to stop online fraud through account takeover or competitive price scraping.

DDoS Protection – Block attack traffic at the edge to ensure business continuity with guaranteed uptime and no performance impact. Secure your on premises or cloud-based assets – whether you’re hosted in AWS, Microsoft Azure, or Google Public Cloud.

Attack Analytics – Ensures complete visibility with machine learning and domain expertise across the application security stack to reveal patterns in the noise and detect application attacks, enabling you to isolate and prevent attack campaigns.

Client-Side Protection – Gain visibility and control over third-party JavaScript code to reduce the risk of supply chain fraud, prevent data breaches, and client-side attacks.